8.75 (2.44%) NTPC has reportedly won the bid for Avantha Group's power plant in Madhya Pradesh, with a Rs 1,900 crore offer. The company’s bid was about two and-a-half times more than Adani Power’s offer of Rs 750 crore. This is the first time NTPC has bid for a stressed project.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.